A two-storey retail building on the south side of West Broadway has sold for $2,320,000, representing $498 per sq ft. The asking price was $2,350,000. The building is adjacent Joey’s Broadway.
The building is 4,658 sq ft in size and is leased to a tanning salon on the upper floor on a month to month basis. The bottom floor is available for lease and asking $35.00 per sq ft net.
A 7-storey office building at the corner of West Pender and Hornby has sold for $20,300,000, or $495 per sq ft. The 41,000 sq ft building was built in 1968 and had been marketed for sale in early 2012.
The purchaser was a local investor. The top floor has been vacant and can be renovated to allow use as office space.
A 14-unit three-storey walkup apartment building in Kits has sold for $4,800,000, or a 3.1% cap rate ($343,000 per unit). The building, located at 2250 York Avenue contains one and two bedroom units and had been listed for sale for $5,600,000. The property is zoned RM-4.
A commercially designated site near Lougheed and Willingdon in the Brentwood town centre area has sold.
4488 Halifax Street is a 18,299 sq ft site that is located mid-block on Halifax Street west of Willingdon Avenue.
The property, which has been vacant for several years, sold for $3,313,000. Previous development inquiries for the site included office & commercial schemes at densities up to 6.0 FAR.
First Capital REIT acquired by Choice Properties and KingSett for $5.2-billion
First Capital REIT --> Choice Properties REIT and Kingsett Capital are teaming up to acquire the Canadian real estate company in a deal valued at over $9 billion, including assumed debt. Choice Properties will acquire roughly five billion dollars worth of shopping centres, while
West Vancouver condo project in receivership, causing 'heartbreak' in Dundarave
Greater Vancouver commercial real estate transactions down 8.3% in 2025 via @westerninvestor
